First Class Metals Plc · LSE:FCM
First Class Metals — PDAC 2026
31 slides from First Class Metals's conference presentation, March 2026
Slide 1: Investor Presentation (extended technical) March 2026-PDAC
Investor Presentation (extended technical) March 2026-PDAC LSE:FCM FRA:WN9 FirstClassMetalsPlc.com Q1 2026
Slide 2: Important Notice
Important Notice This confidential investor presentation is being made by First Class Metals PLC, whose Company Number is 13158545 (“the Company”) andwasincorporated onthe 26th Day of January2021 to certaininvestorsresidingin the United Kingdom,otherEuropean countries,Asiaandthe UnitedStatesinaccord
Slide 3: Corporate and Operational Overview
Corporate and Operational Overview First Class Metals PLC (“FCM”), listed on the London Stock Exchange, and focused on exploring its ‘4CORE’ properties for precious (Au/ Ag) base and critical metals. The properties held 100% through its subsidiary, First Class Metals Canada Inc., are located within
Slide 4: Why Canada? First Class Projects
WHY CANADA? First Class Projects!! FCM has a northern Ontario focus and commands a large land package ~340km² with excellent and now proven ‘nearology’ and vectors from neighbours. Four of the properties are drill permitted. The North Hemlo property is in the Hemlo ‘camp’, on the north limb, of the
Slide 5: First Class Projects.. distinct claim blocks
First Class Projects.. 10 distinct claim blocks, ~339km2 The 2023 Field Season advanced the four ‘core’ properties towards drill ready status with Zigzag being drilled. The 2024 exploration focussed on the Dead Otter trend on the North Hemlo property. The 2025 season focussed on the two flagship pro
Slide 6: Board & Management Team
Board & Management Team JAMES KNOWLES – Executive Chairman James Knowles is a seasoned financial professional with 25+ years of experience. Formerly focused on real estate debt funding at Barclays Bank PLC, he now serves as Executive Managing Director of First Class Metals, providing strategic inves
Slide 7: Share Capital Structure
Share Capital Structure Percentage Holder of +3% Shares Held Ownership James Goozee 41,620,184 16.35% 79th Group Limited* 30,062,316 11.18% Power Metals PLC & Power Metals 19,033,802 7.77% Canada Inc Anthony Harris 16,882,738 6.76% Darren Rowlands 16,882,738 6.76 Ayub Bodi (and family) 10,149,256 3.
Slide 8: 'North limb' district
‘North limb’ district World class region, First Class prospects The North Hemlo block is located in the north limb of the Hemlo greenstone belt. The volcano-sedimentary rocks occur in an antiformal pattern, mimicking the ‘southern limb’ which hosts the 23Moz Hemlo (Williams) gold mine. Three paralle
Slide 9: North Hemlo
North Hemlo A Flagship property: precious / base metal potential The North Hemlo property now extends across 4 549 claims covering ~115km². Since acquiring the block: Review of historic reports – target generation General reconnaissance – prospecting 3 High-definition magnetic survey of >4,000lkm La
Slide 10: North Hemlo Flagship property only 25km from the Hemlo mine
North Hemlo Flagship property only 25km from the Hemlo mine The anomalous Au/Mo mineralisation of the ‘Dead Otter Lake ‘showing’ (3.1ppm Au, 0.59%Mo), has been extended intermittently for >3km to the south-east with a 19.6g/t grab sample, (replicated with 13.6g/t) along trend. The trend reports robu
Slide 11: North Hemlo: Pezim II Flagship
North Hemlo: Pezim II Flagship property: precious and base metal potential A JV with GT Resources signed in 2022, (covering only 6.9km² – 33 claims) has identified a new nickel –copper (critical metal) Hole From (m) To (m) Width (m) Ni % Cu % Co % TPM g/t (Pd+Pt+Au) Pd g/t Pt g/t Au g/t discovery. T
Slide 12: Esa
Esa Potential extends through property wide shear The Esa property, of 86 claims, covers ~21km², and is located 11km northeast from the Hemlo gold mine This property is permitted for drilling. An inferred arcuate structure interpreted as a shear zone runs roughly west - east, transecting the propert
Slide 13: Sunbeam Project
Sunbeam Project Historic high-grade gold mine The Sunbeam Property includes the historic Sunbeam Mine – a high-grade underground gold mine which operated from 1898 to 1905. During the Sunbeam Mine operation, production numbers were reported only for 1904, an estimated 244oz from 650 tons of ore mill
Slide 14: Sunbeam Project
Sunbeam Project District scale potential: multiples mineralized structures The Project now contains five parcels of claims, central Sunbeam area and the peripheral ‘English Option’, a parcel of 119 claims contiguous to the northeast, further staking in 2025 as well as an option over claims contiguou
Slide 15: Sunbeam Project
Increased geological, structural and Sunbeam Project geochemical understanding Programmes of stripping at Roy and Pettigrew confirmed high grade gold assays up to 18.8 g/t gold (Au). At Roy other highlights include: 6.27 g/t Au channel / 0.35m in mafic schist with quartz veins 4.98 g/t Au channel /
Slide 16: Sunbeam Project
Sunbeam Project Drill targets being defined A >500 sample soil sampling programme on the Roy trend has shown a robust trend of anomalous gold. The same grid was used for a detailed Very Low Frequency (VLF) geophysics and magnetic survey. A >1,000m drill programme was stated late February focussing o
Slide 17: Kerrs Gold Project
Kerrs Gold Project located in a significant ‘mining camp’ Geologically the Project is located in the Abitibi Greenstone Gold Belt, more specifically in the Timmins Mining Camp which is one of the most prolific camps for gold production in Canada. Nearby producing gold mines are operated by Newmont (
Slide 18: Kerrs Gold Project
Kerrs Gold Project Contains a compliant gold resource The Kerrs historic estimate is an inferred resource as In 2025 Prospect Air undertook a ~500lkm low level defined in National Instrument 43-101. hi-resolution magnetic survey over the claim block. The interpretation by PGW of Toronto outlined a T
Slide 19: Zigzag prospect
Zigzag prospect Hard rock lithium and critical metals prospect The claims cover the historic Tebishogeshik lithium occurrence as well as other mineralized sites. The Zigzag prospect is fully permitted for stripping, trenching and drilling. The pegmatite historically was reported to be > 800m in leng
Slide 20: Zigzag prospect
Zigzag prospect Hard rock lithium and critical metals prospect Hole No. Element width In late 2023 a 10 hole, 450m drill programme was completed along the core 400m zone. All nine holes which targeted the pegmatite were successful. ZIG-23-01 Li₂O from 12.7m 4.3m @ 1.65% incl. 1.0m @ 2.93% Rb₂O from
Slide 21: Environmental, Social, and Corporate Governance (ESG)
Environmental, Social, and Corporate Governance (“ESG”) BUILDING AND MAINTAINING RELATIONSHIPS WITH INDIGENOUS PEOPLE At FCM, we take great pride in fostering a culture of FCM IS COMMITTED TO: openness and collaboration with the First Nation groups we work with. We recognize the importance • respons
Slide 22: Summary
Summary potential of core properties NORTH HEMLO Dead Otter Lake trend drilled. Exploration has identified significant gold potential in possibly several subparallel structures. Fairservice’s base and precious metal trends onto the property suggest more work is required. The JV on Pickle lake VTEM /
Slide 23: In Conclusion
IN CONCLUSION CORPORATE • Experienced management team with London and North American exposure. • Proven technical team behind multiple mineral discoveries and successful buy-outs. • Extensive Canadian operating experience with strong in-country network. BUSINESS MODEL • Stated aim is to identify und
Slide 24: Key Takeaway Points for FCM
KEY TAKEAWAY POINTS FOR FCM • Focused in Ontario, Canada a ‘first class’ jurisdiction FOUR • LSE main board standard listing THREE ASSET SALE FUNDRAISING TWO Proven ability to Strategic sale of non- core property. DELIVERS successfully raise Securing future non funds in very dilutive funding. 4 prop
Slide 25: Contact
Contact info@FirstClassMetalsPlc.com MARC J. SALE JAMES KNOWLES Chief Executive Officer – CEO Executive Chairman and Executive Director JamesK@FirstClassMetalsPlc.com MarcS@FirstClassMetalsPlc.com +44 (0)7488 362641 +44 (0)7711 093532 SIDDHARTH J. MURICKEN Company Secretary SiddharthM@FirstClassMeta
Slide 26: Additional 'non-core' properties
Additional ‘non-core’ properties: COCO EAST MAGICAL WHITE OTTER REE PROPERTIES SUGAR CUBE LSE:FCM FRA:WN9 FirstClassMetalsPlc.com Q1 2026 26
Slide 27: REE Blocks H and F
REE BLOCKS H and F An emerging opportunity The two claim blocks are located in the Atikokan area of northwest Ontario in relative proximity to the Sunbeam property. Access to both blocks is excellent whilst forestry track on the properties allows internal access. The White Otter Batholith represents
Slide 28: Coco East
Coco East Opportunity in historic mining ‘camp’ The Coco East block of 30 claims covering ~6.3km² is located on the eastern sector of the Big Duck Lake Porphyry, which contains a number of historic showings as well as the Coco Estelle deposit. This porphyry, as well as other similar intrusions, are
Slide 29: Magical
Magical Anomalous contact concept requires further sampling Located only 9km NW of the Hemlo gold mine, this 14 claim, ~2.9km² block is situated on a compelling geological contact. • the enigmatic ‘Valley Float’ boulder is less than 1km off the property to the NE has reported >16g/t Au • whilst the
Slide 30: Sugar Cube
Sugar Cube Work in progress… The Sugar Cube claim block of 81 claims, covering ~18km², is contiguous to the north-west of Silver Lake’s 1.6Moz+ Sugar Zone gold mine. The claim area was reduced after the interpretation of a VTEM survey, the intention being to highlight the magnetic / conductor anomal
Slide 31: Contact
Contact info@FirstClassMetalsPlc.com MARC J. SALE JAMES KNOWLES Chief Executive Officer – CEO Executive Chairman and Executive Director JamesK@FirstClassMetalsPlc.com MarcS@FirstClassMetalsPlc.com +44 (0)7488 362641 +44 (0)7711 093532 SIDDHARTH J. MURICKEN Company Secretary SiddharthM@FirstClassMeta